Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › Polaris Home Funding Corp.
Polaris Home Funding Corp.
2025 manufactured home lending from public HMDA data. Provider profile
Loans originated (2025)
42
-2.3% vs 2024Originations
$7.1M
Loans x average loanAverage loan
$168,095
Average interest rate
6.76%
Denial rate
12%
Home only share
0%
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 76 | 42 | $7.1M | $168,095 | 6.76% | 12% | 0% |
| 2024 | 58 | 43 | $7.2M | $167,093 | 7.06% | 12% | 74% |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| OH | 15 | $2.4M | $160,333 | 6.88% | 8% | 0% |
| KY | 9 | $1.4M | $153,889 | 6.58% | 6% | 0% |
| NC | 6 | $1.1M | $191,667 | 6.81% | 13% | 0% |
| TN | 3 | $555,000 | $185,000 | 6.38% | 20% | 0% |
| IN | 2 | $340,000 | $170,000 | 6.62% | 17% | 0% |
| SC | 2 | $410,000 | $205,000 | 6.94% | 33% | 0% |
| WV | 1 | $105,000 | $105,000 | 7.25% | 0% | 0% |
| IA | 1 | $145,000 | $145,000 | 7.13% | 0% | 0% |
| OK | 1 | $315,000 | $315,000 | 5.88% | 0% | 0% |
| PA | 1 | $115,000 | $115,000 | 6.75% | 0% | 0% |
| AR | 1 | $135,000 | $135,000 | 7.25% | 50% | 0% |
Data source: Home Mortgage Disclosure Act (HMDA). Public annual data from the FFIEC and CFPB, loans reported with a manufactured home construction method. Informational only, not a recommendation of any lender.